Europe's Largest Crypto Exchange Delays Shiba Inu Launch

Alex Dovbnya

Bitstamp says that it will postpone the launch of Shiba Inu due to technical difficulties

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Thu, 9/12/2021 - 17:47

Europe's Largest Crypto Exchange Delays Shiba Inu Launch

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Bitstamp, the largest European exchange by trading volume, has postponed the launch of the Shiba Inu cryptocurrency.

We experienced some technical problems with $SHIB listing, which will result in a longer delay with the launch.

We'll keep you posted ?
— Bitstamp (@Bitstamp) December 9, 2021

The major trading platform cites technical difficulties experienced during the listing process as the reason behind the delay.

As reported by U.Today, Bitstamp announced that Shiba Inu would start trading on the exchange this Thursday.

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Earlier today, users began placing limit orders.

Limit orders can be placed on all $SHIB and $PERP pairs! ?

The order matching for a token that goes woof, and the other that’s behind a protocol that brings advanced trading tools to all, starts in about four hours.

Stay tuned! ?
— Bitstamp (@Bitstamp) December 9, 2021

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Coinbase Pro announced that it would add the meme coin in mid-June, but it then ran into technical issues that delayed the listing by almost three months. Shiba Inu started trading on Coinbase in early September, which came before its massive price rally in October.

The SHIB price is currently down 2.79% amid a minor market sell-off.

#Shiba Inu #Bitstamp News

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.